East Group Co.,Ltd (SZSE:300376) acquired remaining 10% stake in New Energy East (Yangzhou) Technology Co., Ltd. from Contemporary Amperex Technology Co., Limited (SZSE:300750) for CNY 5.4 million recently. Post completion, East Group Co.,Ltd holds 100% stake of New Energy East (Yangzhou) Technology Co., Ltd. As of March 31, 2022, New Energy East (Yangzhou) Technology Co., Ltd. has reported total assets of CNY 57.94 million and net assets of CNY 44.9 million. The transaction doesn't required Board and shareholder's approval.